Japanese financial giant Sumitomo Mitsui Banking Corp. has selected Charlotte as its second U.S. headquarters, with plans to add roughly 2,000 jobs over the next six years. An aerial view of Charlotte SMBC is the latest big-name banking institution to plant…
Dallas is putting big bucks behind its burgeoning financial hub as it tries to lure a bank from north of the border. Courtesy of Hillwood Urban Scotiabank could establish a 100K SF office hub at the Victory Commons One building in…
First Citizens Bank’s Commercial Real Estate business has provided $47.7 million for Aspen College Park, a student housing facility at the University of Maryland in College Park. Owned by an affiliate of GTIS Partners and developed by Aspen Heights Partners,…
SouthState Bank leased 87,000 square feet at the 19-story Prominence building, making it the building’s largest tenant. That means it gets to plaster its name on the top of the building. The Atlanta Business Chronicle reports that Prominence, the tower…
Chicago-based Byline Bank’s Commercial Real Estate Group (BCREG) has closed on a $15.2 million loan with Campus Realty Advisors and T2 Capital. The transaction funds the acquisition, renovation and repositioning of The Junction San Marcos, a 152-unit, 488-bed student housing…
First Citizens Bank announced it provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Washington. The borrower is a joint venture led by Harrison Street, one of the leading investment management…
The investor of a four-building business Park in Arlington has lost that investment, to the bank that had the loan on it. Pinnacle Bank Texas took back the office park at auction for $30 million from Opal Holdings. Opal Holdings…
Courtesy of United Bank The exterior of United Bank’s new SouthPark office in Charlotte. For commercial real estate professionals searching for a loan, the process of choosing a bank goes far beyond simply googling “banks near me.” It’s about finding…
Marcus & Millichap Capital Corporation (MMCC) arranged $5,000,000 for the refinancing of Larson Apartments, located at 8101 Larson Ave. in Garden Grove. Ron Balys, SVP, capital markets, based out of MMCC’s Orange County office, secured the bank financing on behalf…
Hanley Investment Group Real Estate Advisors and Progressive Real Estate Partner arranged the sale of a newly constructed, single-tenant property occupied by Chase Bank with a drive-thru ATM in Bakersfield. The purchase price was $2.93 million for the absolute triple-net ground…
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